517 W 29th St APT 2FNew YorkNY10001
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New York at 517 W 29th St APT 2F, New York, NY, 10001 listed at $1,195,000 pairs $4,551/mo rent with a $5,849/mo payment. Total monthly income runs $4,551/mo. Return on cash invested measures 9.74% in year one, and rental yield registers 4.57% at a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and annual property appreciation at 5% supports $330,156 by year five. Five-year ROI tracks 48.87% and total cumulative return in cash totals $189,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,551/mo property income relative to a $5,849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10001, New York, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,863 (100%) |
| Owner Occupied HU | 3,468 (17.5%) |
| Renter Occupied HU | 13,783 (69.4%) |
| Vacant Housing Units | 2,612 (13.2%) |
| Median Home Value | $797,546 |
| Average Home Value | $997,143 |
Housing Distribution
Address Breakdown
Residential
18,242
Single Family
154
Multi-Family
18,088
Businesses
5,930
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